| Cash Flow for GeoMet Inc. (GMET) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 5,169 | 17,296 | (1,573) | 3,836 | N/A | | Depreciation & Amortization | 9,265 | 8,033 | 5,016 | 2,774 | N/A | | Deferred Income Taxes | 3,066 | 10,738 | (1,002) | 2,247 | N/A | | Operating Losses | (65) | (8) | (442) | 584 | N/A | | Extraordinary Losses | - | - | - | - | N/A | | | Decrease in Receivables | 6,112 | (5,324) | (2,079) | (968) | N/A | | Decrease in Inventories | - | - | - | - | N/A | | Decrease in Other Current Assets | (2,349) | (234) | (10) | (36) | N/A | | Increase in Payables | 245 | 5,837 | (185) | 2,134 | N/A | | Increase in Other Current Liabilities | (6,710) | 1,400 | 379 | 260 | N/A | | Decrease in Other Working Capital | (922) | - | - | - | N/A | | Other Non-Cash Items | 3,528 | (16,403) | 12,329 | (249) | N/A | | Net Cash from Continuing Operations | 17,487 | 21,472 | 12,433 | 10,581 | N/A | | Net Cash from Discontinued Operations | - | - | - | - | N/A | | Cash from Operating Activities | 17,487 | 21,472 | 12,433 | 10,581 | N/A | | | | Sale of Property, Plant, Equipment | 126 | 205 | 7 | 21,419 | N/A | | Sale of Short Term Investments | - | - | - | - | N/A | | | Purchase of Property, Plant, Equipment | (54,026) | (79,061) | (59,817) | (86,189) | N/A | | Acquisitions | - | - | - | (1,401) | N/A | | Purchase of Short Term Investments | - | - | - | - | N/A | | Other Investment Changes, Net | 68 | 187 | 149 | (22) | N/A | | Cash from Investing Activities | (53,832) | (78,669) | (59,661) | (66,193) | N/A | | | Issuance of Debt | 36,164 | 17,184 | 72,500 | 122,500 | N/A | | Issuance of Capital Stock | 225 | 82,611 | 326 | 9,100 | N/A | | | Repayment of Debt | (94) | (39,087) | (24,089) | (81,132) | N/A | | Repurchase of Capital Stock | (4) | - | - | - | N/A | | Payment of Cash Dividends | - | - | (3,000) | - | N/A | | Other Financing Charges, Net | (100) | (2,622) | (831) | (276) | N/A | | Cash from Financing Activities | 36,191 | 58,086 | 44,906 | 50,192 | N/A | | | | Effect of Exchange Rate Changes | 281 | (91) | (75) | (4) | N/A | | Net Change in Cash | 126 | 799 | (2,398) | (5,424) | N/A | | | Cash at Beginning of Year | 1,414 | 616 | 3,014 | 8,438 | N/A | | Cash at End of Period | 1,541 | 1,414 | 616 | 3,014 | N/A | | | |
